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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 41,863 $ 67,252
Restricted cash 0 65
Trade accounts receivable, net of allowances of $414 in 2021 and $6,824 in 2020 79,118 64,078
Inventories 72,286 76,658
Assets of discontinued operations 0 710,006
Prepaid expenses and other current assets 16,121 13,487
Total current assets 209,388 931,546
Property, plant, and equipment:    
Land and building 26,405 26,506
Machinery and equipment 343,181 365,296
Automobiles and trucks 16,335 18,446
Chemical plants 61,374 62,714
Construction in progress 4,575 1,526
Total property, plant, and equipment 451,870 474,488
Less accumulated depreciation (364,522) (377,632)
Net property, plant, and equipment 87,348 96,856
Other assets:    
Patents, trademarks and other intangible assets, net of accumulated amortization of $69,186 in 2021 and $66,078 in 2020 38,071 41,487
Deferred tax assets, net 44 52
Operating lease right-of-use assets 38,795 43,448
Investments 22,412 2,675
Other assets 15,178 16,775
Total other assets 114,500 104,437
Total assets 411,236 1,132,839
Current liabilities:    
Trade accounts payable 41,268 22,573
Unearned income 1,432 2,675
Accrued liabilities and other 48,552 38,791
Liabilities of discontinued operations 1,327 734,039
Total current liabilities 92,579 798,078
Long-term debt, net 164,228 199,894
Deferred income taxes 1,817 1,942
Asset retirement obligations 12,840 12,484
Warrants liability 56 198
Operating lease liabilities 33,145 37,569
Other liabilities 6,493 11,612
Total long-term liabilities 218,579 263,699
Commitments and contingencies
Equity:    
Common stock, par value 0.01 per share; 250,000,000 shares authorized at September 30, 2021 and December 31, 2020; 130,075,838 shares issued at September 30, 2021 and 128,930,047 shares issued at December 31, 2020 1,301 1,289
Additional paid-in capital 474,544 472,134
Treasury stock, at cost; 3,135,434 shares held at September 30, 2021, and 2,953,976 shares held at December 31, 2020 (19,945) (19,484)
Accumulated other comprehensive loss (45,518) (49,914)
Retained deficit (309,191) (413,665)
Total TETRA stockholders’ equity 101,191 (9,640)
Noncontrolling interests (1,113) 80,702
Total equity 100,078 71,062
Total liabilities and equity $ 411,236 $ 1,132,839